Salary Payment or Continuance. Following the expiration of the Severance Delay Period, you will be paid an amount # equal to the amount determined in accordance with [Exhibit B] attached hereto, and # payable on the terms as set forth in such [Exhibit B]; provided, however, if the Change in Control triggering Severance Benefits pursuant to this [Section 3.1] does not constitute a “change in the ownership of the Company,” a “change in the effective control of the Company,” or a “change in the ownership of a substantial portion of the assets of the Company” as such terms are defined in [[Section 1.409A-3(i)(5)])]])] of the Treasury Regulations, the portion of the Severance Benefits described in this [Section 3.1] that constitute deferred compensation subject to Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) shall be paid to the Executive in installments over the same period as described in [Section 2.2].
Salary. Executive shall be paid her current salary during the Transition Period. Executive shall receive no salary after the Transition Period.
Salary. Employee shall be paid her current salary through the Separation Date. Employee shall receive no salary after the Separation Date.
Salary. From and after the Promotion Date, Employee shall earn an annual base salary of US (“Salary”), less all applicable taxes and withholdings as required by law, and such other payroll deductions as are determined by Company policy or as Employee may approve from time-to-time, which shall be paid consistent with the Company’s ordinary and regular payroll practices and in accordance with applicable law. This position is classified as exempt under federal and state wage and hour laws, meaning that Employee will not be eligible for overtime pay. The Company reserves the right to modify Employee’s Salary in its sole discretion any time and in accordance with applicable law.
Salary. The amount of your gross annual salary will be increased to , including an 8% holiday allowance, and will be paid in twelve installments at the end of each month in accordance with Booking.com’s regular payroll practices (the “Base Salary”). The Base Salary will be subject to annual review by the Compensation Committee of the Board of Directors of BHI (the “Compensation Committee”) and may be increased from time to time.
Salary. The Base Salary is annualized (the “Base Salary”), payable in installments in accordance with the Company’s regular payroll schedule.
Salary. The Officer shall be paid a salary of per year (the "Salary"), which shall be reviewed by the Compensation Committee of the Board (the “Committee”) at least annually for increase, but not decrease. The Salary will be payable in accordance with the normal payroll procedures of the Company, or such other installments as the Officer and the Company from time to time mutually agreed upon. The Salary shall be prorated on a daily basis for any partial salary payment periods for which services are rendered at the end of the employment period.
Salary. During the Term of this Agreement, the Employee shall be paid an initial base salary (the “Base Salary”), payable bi-weekly, at an annualized rate of . The amount of the Base Salary may be increased from time to time at the sole discretion of the Board of Directors. Bonus: The Company shall pay Employee a bonus (the “Bonus”) as follows: # 3% of any net revenues. (ii) the Bonus may be paid, at the election of Employee, in cash or shares of Common Stock (calculated at the fair market value of such shares as determined by the Board). Cash bonus will be paid quarterly.
Salary. During the period from the Effective Date through the end of the Employment Term, the Company shall pay Employee an annual base salary, before deducting all applicable withholdings, of per year, payable at the time and in the manner dictated by the Company’s standard payroll policies. Such minimum annual base salary may be periodically reviewed and increased (but not decreased without Employee's express written consent except in the case of a salary decrease for all executive officers of the Company) at the discretion of the CEO and/or the Company Board or a committee thereof (such annual base salary, including any increases, the "Annual Base Salary").
Salary. The Executive shall be entitled to receive for all services rendered by the Executive in any and all capacities in connection with the Executives employment hereunder a salary (as it may be adjusted from time to time, Salary) at the rate of per annum, payable in equal installments in accordance with the prevailing practices of the Company (but not less frequently than monthly). In addition, an allowance shall be paid for living expenses incurred during periods when Executive is absent from his permanent residence (Denver, Colorado) on Company business. This allowance is estimated at per calendar month inclusive of housing rental amounts, and any amount reimbursed in excess of that amount must be approved, in writing, by the Compensation Committee. Additionally, a maximum
Base Salary. During the Employment Period, the Employer will pay to Employee a base salary at the rate of at least per year (“Base Salary”), less normal withholdings, payable in equal monthly or more frequent installments as are customary under the Bank’s payroll practices from time to time. In accordance with the policies and procedures of the Board of Directors of the Bank (the “Bank Board”), the Employer shall review Employee’s total compensation at least annually and in its sole discretion may adjust Employee’s total compensation from year to year, but during the Employment Period the Employer may not decrease Employee’s Base Salary below ; provided further, however, that periodic increases in Base Salary, once granted, shall not be subject to revocation. The annual review of Employee’s total compensation will consider, among other things, changes in the cost of living, Employee’s own performance and Bancorp’s consolidated performance.
Base Salary. The Company will pay the Executive an initial base salary at the rate of per year, retroactive as of . The Executive’s base salary shall be subject to periodic review by the Board or the Compensation Committee of the Board (the “Compensation Committee”). The base salary in effect at any given time is referred to herein as
Annual Salary. The Participant’s regular annual base salary immediately prior to his termination of employment, including compensation converted to other benefits under a flexible pay arrangement maintained by the Company or any Subsidiary or deferred pursuant to a written plan or
Base Salary. Throughout the Strategic Advisory Period, the Company will pay to Executive the rate of base salary in effect immediately prior to the Strategic Advisory Period. Such salary shall be payable in accordance with the Company’s customary payroll practices applicable to executives.
Base Salary. The Company shall pay Employee an annual rate of base salary of (“Base Salary”) in accordance with the Company’s customary payroll practices and all applicable wage payment laws.
Annual Salary. CEO shall be paid by USPB a base annual salary of for each Current Period employment year , 2020, and 2021 during the term of CEO's employment under this Agreement, pro-rated for partial years, payable on USPB's normal payroll dates.
Base Salary. Your annualized gross salary will be ( bi-monthly gross). We are paid on the 15th and last day of the month.
Base Salary. The Company shall pay CFO a base salary at the annualized rate of (the Base Salary), less payroll deductions and all required withholdings, payable in regular periodic installments in accordance with the Companys normal payroll practices. The Base Salary shall be prorated for any partial year of employment on the basis of a 365-day fiscal year.
Base Salary. The Executive’s Base Salary under this Agreement shall be at the initial rate of . The Executive’s Base Salary will be paid by DeVry Group in substantially equal bi-weekly installments. The Base Salary will be reviewed annually by the CEO in coordination with the Compensation Committee and upon such review the Base Salary may be increased by the CEO in coordination with the Compensation Committee (but subject to any applicable DeVry Group policy, law, or exchange listing requirement); provided, however, the Base Salary under this Agreement, including as subsequently adjusted upwards, may not be decreased thereafter except in the case of an across-the-board percentage reduction in base salaries of executives at the Executive’s level affecting such executives equally. All amounts payable to the Executive under this Agreement will be subject to all required withholding by DeVry Group.
Base Salary. “Base Salary” with respect to a Plan Year means Certified Earnings as modified by the rules below:
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